Sullivan Thomas Patrick 4
4 · STURM RUGER & CO INC · Filed Mar 6, 2023
Insider Transaction Report
Form 4
Sullivan Thomas Patrick
VP of Newport Operations
Transactions
- Exercise/Conversion
Common Stock
2023-03-03$58.06/sh+4,756$276,133→ 24,234 total - Exercise/Conversion
Restricted Stock Units
2023-03-03−4,756→ 8,071 totalFrom: 2023-03-03Exp: 2023-03-03→ Common Stock (4,756 underlying) - Disposition to Issuer
Common Stock
2023-03-03$58.06/sh−4,756$276,133→ 19,478 total
Footnotes (1)
- [F1]On March 3, 2020, the reporting person was granted 4,756 cash-settled restricted stock units pursuant to Rule 16b-3, which vested on the third anniversary of the grant. Each cash-settled restricted stock unit represents the contingent right to receive the fair market value of one share of the issuer's common stock on the date of vesting. Vesting of cash-settled restricted stock units is reported in Table I as a deemed acquisition and disposition of the number of shares of common stock underlying such vested restricted stock units.